NittokuLtd Balance Sheet Health
Financial Health criteria checks 4/6
NittokuLtd has a total shareholder equity of ¥39.6B and total debt of ¥4.6B, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are ¥63.2B and ¥23.6B respectively. NittokuLtd's EBIT is ¥3.5B making its interest coverage ratio -56.3. It has cash and short-term investments of ¥16.4B.
Key information
11.7%
Debt to equity ratio
JP¥4.65b
Debt
| Interest coverage ratio | -56.3x |
| Cash | JP¥16.40b |
| Equity | JP¥39.62b |
| Total liabilities | JP¥23.62b |
| Total assets | JP¥63.25b |
Recent financial health updates
No updates
Recent updates
Not Many Are Piling Into Nittoku Co.,Ltd. (TSE:6145) Stock Yet As It Plummets 25%
Aug 13
Should We Be Excited About The Trends Of Returns At Nittoku (TYO:6145)?
Mar 05Key Things To Consider Before Buying Nittoku Co., Ltd. (TYO:6145) For Its Dividend
Feb 18At JP¥4,630, Is Nittoku Co., Ltd. (TYO:6145) Worth Looking At Closely?
Feb 02
What Is The Ownership Structure Like For Nittoku Co., Ltd. (TYO:6145)?
Jan 18Nittoku Co., Ltd.'s (TYO:6145) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Jan 05Nittoku (TYO:6145) Has Gifted Shareholders With A Fantastic 279% Total Return On Their Investment
Dec 23We Wouldn't Rely On Nittoku's (TYO:6145) Statutory Earnings As A Guide
Dec 10Here's What To Make Of Nittoku's (TYO:6145) Returns On Capital
Nov 27The Returns At Nittoku (TYO:6145) Provide Us With Signs Of What's To Come
Jul 26Nittoku Co., Ltd. (TYO:6145) Is Yielding 1.0% - But Is It A Buy?
Jul 13How Many Nittoku Co., Ltd. (TYO:6145) Shares Do Institutions Own?
Jun 28Financial Position Analysis
Short Term Liabilities: 6145's short term assets (¥42.4B) exceed its short term liabilities (¥18.4B).
Long Term Liabilities: 6145's short term assets (¥42.4B) exceed its long term liabilities (¥5.3B).
Debt to Equity History and Analysis
Debt Level: 6145 has more cash than its total debt.
Reducing Debt: 6145's debt to equity ratio has increased from 3.6% to 11.7% over the past 5 years.
Debt Coverage: 6145's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: 6145 earns more interest than it pays, so coverage of interest payments is not a concern.